Some Interesting Fact a bout Beginner BusinessMen!! 1. Your business will probably fail. One significant factor to consider is timing. When it comes to that crucial timing issue, 50 percent of businesses will fail by year five. After ten years, about 75 percent to 90 percent of small businesses will have been shuttered . As dismal as these numbers are, they aren’t predictive. In other words, just because many businesses do “fail” or close within a given time frame doesn’t mean that your business will be the same. 2. You will have competition. Don’t dive into entrepreneurship, thinking that you’re the only fish in the pond. There are a lot of others competing for the same customer base. And the thing is, some of those competitors may be better than you! Their branding may be snazzier, their pockets deeper, their talent super...